Allows certain air carriers that hold or operate air carrier slots at Ronald Reagan Washington National Airport, which are used for scheduled air service between that airport and a large hub airport, to use such slots also to provide nonstop air transportation service between Reagan National Airport and another airport more than 1,250 statute miles away (perimeter rule limit).
Prohibits an air carrier using such an exemption for beyond-perimeter flight operations from using multi-aisle or widebody aircraft to provide such service.